On Monday, the main stock market indices ended the day on a down note. Sensex closed 0.93% lower at 71,355.22, and Nifty closed 0.91% lower at 21,513. Market volatility, measured by India VIX, increased by 7.01%, indicating a decrease in market stability. Top gainers in Nifty 50 included Adani Ports, HCL Technologies, and ONGC, while …
Trident Ltd., a dynamic player in the manufacturing and distribution sector, has recently etched a compelling chapter in its stock performance. Engaged in the production of yarn, terry towels, paper, and chemicals, the company has been on the radar of investors seeking diverse opportunities in the market. Stock Analysis In January 2022, the stock embarked …
Monday deals concluded on a sour note, with the Sensex closing lower by 0.93% at 71,355.22, and the Nifty also registering a decline of 0.91%, closing at 21,513. Recent development In this muted market sentiment, Ashok Leyland has achieved a historic milestone by recording its highest-ever sales volume in a calendar year in 2023. Surpassing …
Monday Blues in the Stock Market On a gloomy Monday for the Indian stock market, benchmark indices Nifty and Sensex witnessed a correction, trading lower by 0.61% and 0.60%, respectively. The sea of red engulfed various sectors, with Nifty PSU Bank and Nifty FMCG leading the descent. The broader market indices, Nifty Mid-cap and Small-cap, …
In the stock market, conclusion of a lock-in period for anchor investors holds profound implications for a company’s stock dynamics. The table below outlines the key details of companies and the culmination dates of their anchor allotment lock-in periods: Company name Bid Date Shares Offered Anchor Portion Size (Rs crore) Anchor lock-in period end date …
These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. GMR Airports Infrastructure Ltd GMR Airports Infrastructure’s stock price has experienced a notable volume price breakout, coupled with a bullish engulfing candlestick pattern. Currently priced at Rs 86.90, the stock has witnessed a substantial surge in trading activity …
With price volume support, GTPL Hathway and Vertoz Advertising are strong bullish breakout potential. The stock price has displayed an inverted head & shoulder and flag & pole chart pattern breakout and is presently trading at Rs 205 and Rs 578. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. GTPL Hathway …
Expanding its reach, Shreeji Translogistics Limited (STL), a leading logistics service provider in India, proudly announces the signing of a new contract with Turkish Airlines Inc (Turkish Cargo), a prominent name in the aviation industry renowned for its commitment to passenger and cargo transportation. This marks a significant milestone in STL’s journey of expansion and …
DLF, India’s premier real estate company, has astounded the market with pre-formal launch sales exceeding Rs 7,200 crore for its avant-garde project, ‘DLF Privana South.’ This exclusive luxury residential development spans 25 acres in Gurugram’s Sectors 76 and 77, attracting significant investor interest and achieving a remarkable sellout within an astonishing 72 hours. Market Dynamics …
Do Bonus and stock split create value for shareholders? Let us start with the unbelievable story of how Wipro created wealth over the years. Had you bought 100 shares of Wipro in 1980 at a price of Rs.100 then your investment of Rs.10,000 would be worth a princely Rs.510 crore today. Of course, we are …
